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How do carry trades work as a hedging technique in multi-currency portfolios?

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Carry trades function as a hedging technique in multi-currency portfolios by borrowing in low-interest currencies and investing in high-interest ones, helping to offset potential losses from currency fluctuations while diversifying exposure and enhancing returns.

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Carry trades hedge multi-currency portfolios by borrowing in low-interest-rate currencies and investing in high-interest-rate currencies, profiting from the interest rate differential and offsetting potential losses in other currencies.

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